4511 - 4513 W MCELROY Ave, Tampa, FL 33611

Building Details

Year Built

1966

Listing agent Eriola Goldman Show Phone

Listing office e**@pegasusgroupus.com Show Phone

Listing date Apr 24, 2026

Source Elliman

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

All listing content including descriptions, pricing, images are the copyrighted material of Eriola Goldman

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Overview

This is an opportunity to acquire an eight-unit income-producing portfolio located in South Tampa. The property is situated minutes from downtown Tampa, beaches, Tampa International Airport, MacDill AFB, major hospitals, shopping, and dining. The portfolio consists of eight well-maintained one-bedroom residences, currently operated as mid-term rentals with occupancies ranging from 30 to 180 days. The rentals cater to professionals, relocating residents, medical staff, military personnel, executives, and seasonal guests. This strategy has delivered occupancy and consistent revenue performance, with lower turnover and reduced wear compared to nightly rentals. This asset is suited for passive investors, 1031 exchange buyers, private equity groups, or wealth-building portfolio owners seeking income in one of Florida’s rental markets. The property is positioned for continued performance with demand drivers and long-term appreciation trends in South Tampa. The bike score is 67, indicating it is bikeable. The walk score is 20, indicating car-dependent surroundings. The transit score is 23, indicating minimal transit options.

Suggested Use

Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Auto Repair Shop

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

• Map
• Local Demand

City

Tampa

County

Hillsborough

State

Florida

Longitude

-82.5220311

Latitude

27.8926137

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FAQs

What type of property is this?

Apartment building - Eight-unit portfolio in South Tampa, ideal for passive investors.

Where is this apartment building located?

The property is located at 4511 - 4513 W MCELROY Ave Tampa, FL.

What is the asking price?

The asking price for this property is $1,700,000.

What are key features of this property?

This property features: 8‑unit income‑producing portfolio in highly desirable South Tampa.; Minutes to downtown Tampa, world‑class beaches, Tampa International Airport, MacDill AFB, major hospitals, shopping and dining.; Operated as mid‑term rentals with strong occupancy and consistent revenue.